The CreditRiskMonitor^® Blog

CreditRiskMonitor^®’s integration of subscriber crowdsourcing into the FRISK^® score continues to prove itself as a unique enhancement, unavailable in any other bankruptcy prediction model. Recently, the "Virtual Credit Group" highlighted the elevated risk of coal miners Peabody Energy Corporation and Alpha Metallurgical Resources Inc.

Supplier financial risk is the source of many recurring, prolonged, and unanticipated supply chain issues that can otherwise be prevented or mitigated - if you're willing to ask a few pertinent questions.

The FRISK^® score enables procurement and supply chain professionals to monitor the financial risk of their suppliers, vendors, and third parties quickly and efficiently.

Beauty products makers Coty, Inc. and Revlon, Inc. are currently exhibiting worst-in-class FRISK^® scores, signaling elevated bankruptcy risk over the coming 12 months to CreditRiskMonitor^® clients.

More than one full year into restrictive stay-at-home orders across the globe and with vaccinations being administered slowly, there are no guarantees that air travel will experience a full rebound anytime soon.

From the start of the coronavirus pandemic, CreditRiskMonitor^® subscribers have experienced an increase in public company FRISK^® scored corporate failures* throughout North America.

CreditRiskMonitor^® subscribers were the first to see the danger in now-bankrupt propane giant Ferrellgas Partners. The keys to successful risk evaluation were regularly keeping a keen eye upon the FRISK^® score and not being swayed by payment data.

There is hope for U.S. senior housing companies, as COVID-19 will one day relent despite claiming more than 400,000 lives – and counting. It is unclear, however, if all operators will make it to the end of the pandemic without meeting bankruptcy first.

The U.S. oil and natural gas sector has been struggling to deal with low energy prices, a problem that was exacerbated when COVID-19 shuttered economies around the world. We survey the landscape for bankruptcy risk.

Amazon’s push into the prescription delivery market along with COVID-19 have had varying impacts on retail pharmacies. For merchandise vendors selling to Rite Aid Corporation, now is the time to evaluate risk exposure.

Knowledge of how and when to react to a business defaulting is essential; cutting ties with a customer or supplier too soon could lead to a missed sales opportunity, while being too late can result in financial loss.

The coronavirus has reignited challenges for Contura Energy, Inc. and for the coal industry in general, with the price of coal dropping towards multi-year lows.